THAI rehab plan ‘ready in 2-3 weeks’, Survival Team appointed

By The Nation

 

 

A rehabilitation plan for Thai Airways International (THAI) will be ready in two to three weeks, but it is too early to say whether the carrier will resume international flights in August, the airline’s acting president said on Thursday (July 9).

 

Chansin Treenuchagron was speaking after talks between THAI management and staff following the appointment of a “Survival Team” to work out a business plan for the ailing carrier.

 

"Employees still have some concerns, such as welfare. I can assure you that I will help with everything, but we have to wait for the court to finish considering the rehabilitation plan first," said Chansin.

 

The carrier has filed for debt rehabilitation and must submit its rehab plan at the Bankruptcy Court on August 17. The details of the plan will be announced at a press conference after the Bankruptcy Court rules on whether it will take the case, Chansin added.

 

He said it was too early to say whether THAI will resume international flights in August, since the airline was still assessing the situation.

 

Meanwhile, Chansin has ordered the Survival Team to draw up both urgent and short-term business plans covering the period from July 9 to October 31. The team is being led by Chai Eamsiri and consists of Suwattana Sibunruang, Capt Chawan Rattanawaraha and other 18 members of THAI departments.

 

Chansin has also assigned two new executives to the THAI management team. Soradej Namruangsri is the new executive vice president of operations and director of the Thai Airways Flight Support Centre 904, while Non Klintha becomes acting executive vice president of Corporate

Strategy and Sustainable Development.

 

THAI employees expressed satisfaction with the appointments of the Survival Team and executives, said Chansin.

 

Source: https://www.nationthailand.com/business/30391078

 

-- © Copyright The Nation Thailand 2020-07-10

 

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13 hours ago, webfact said:

...following the appointment of a “Survival Team” to work out a business plan for the ailing carrier.

 

More government speak. The "Survival Team" is going to come up with a viable business plan for this ailing white elephant in just three weeks? Bye bye Thai!

Edited July 10, 20205 yr by bangkokfrog

i am looking to build my portfolio in a big way. where can i buy shares in THAI ? 

Thai rehab plan...... Ok lads just carry on as before, when we need it a bit more cash, we tap up the government, worked before, will work again.

45 minutes ago, colinneil said:

laughterbater
1. One who makes one's self laugh, or a person who laughs at their own jokes.

 

https://www.urbandictionary.com/define.php?term=laughterbater

Edited July 10, 20205 yr by SkyFax

These job titles are getting longer and longer ....

Thai rehab plan - solly, no hab !  ????

Edited July 11, 20205 yr by thequietman

1 hour ago, SkyFax said:

laughterbater
1. One who makes one's self laugh, or a person who laughs at their own jokes.

 

https://www.urbandictionary.com/define.php?term=laughterbater

Ar@%hole. 

 

1. Person who looks up words to ridicule another person   ????

49 minutes ago, thequietman said:

Ar@%hole. 

 

1. Person who looks up words to ridicule another person   ????

Thank you. Ar@%hole was the word I have preferred to use when describing someone whose almost every post contains a 'brown envelope' joke but I thought laughterbater was more restrained.

 

The link was just to show I had not made up that very approrpiate word for one who cannot make a post without letting us know via emojis just how astute and funny it was.

Edited July 11, 20205 yr by SkyFax

14 minutes ago, SkyFax said:

Thank you. Ar@%hole was the word I have preferred to use when describing someone whose almost every post contains a 'brown envelope' joke but I thought laughterbater was more restrained.

 

The link was just to show I had not made up that very approrpiate word for one who cannot make a post without letting us know via emojis just how astute and funny it was.

You certainly are having a bad day dear, go back to bed and start again.... Good idea i think.

You dont like my posts? Up to you then, use the block button.

 

PS you like my emoji?

I think when one repsonds to nearly every pronouncement of the the Thai officialdom -- whether deserved or not -- with ridicule then a response is not out of line.

 

BTW you can maybe use this instead of emoji for your next posts -- on the house.

 

 

 

Edited July 11, 20205 yr by SkyFax

First item on the agenda.

How much to skim off the rehab budget

2nd: free seats for family and friends. 

3rd: there is no 3rd.

Still looking for ways to bail them out while appearing to not bail them out. 

12 minutes ago, Oziex1 said:

3rd: there is no 3rd.

No -- 3rd is how to get persons to buy tickets way in advance so we have something to skim especially if we then cancel the flights and hold back on the refund.

1 hour ago, SkyFax said:

Thank you. Ar@%hole was the word I have preferred to use when describing someone whose almost every post contains a 'brown envelope' joke but I thought laughterbater was more restrained.

 

The link was just to show I had not made up that very approrpiate word for one who cannot make a post without letting us know via emojis just how astute and funny it was.

At least some other people are having fun!

4 hours ago, SkyFax said:

laughterbater
1. One who makes one's self laugh, or a person who laughs at their own jokes.

 

https://www.urbandictionary.com/define.php?term=laughterbater

Gee,  someone got out of the wrong side of the bed this morning!

Here's my answer to the tag team: I haven't flown THAI since the 18-hour non-stop BKK to JFK RT in 2006. I realize THAI has a host of problems from the current structure and management which the new management may or may not be able to overcome.

 

But I wish them well. And I'll just leave the 'Yeah when pigs fly' comments to others.

Good luck with any rehab plan, as long as Thailand does not allow international travel into the country!

 

20 hours ago, webfact said:

Chansin Treenuchagron was speaking after talks between THAI management and staff following the appointment of a “Survival Team” to work out a business plan for the ailing carrier.

Watch this space, it will try to operate on much the same way as it did before... no major changes or restructuring.

I still waiting for my refund....

Maybe they follow the dutch way, waiting until you are dead.

Maybe ask these two to help run the airline!

 

 

 

Be kind of funny to save an airline now and then it goes bust again as it has no tourists to fly 

2 hours ago, The Barmbeker said:

Good luck with any rehab plan, as long as Thailand does not allow international travel into the country!

 

Of course they are going to let in International travel. It will all be part of the “plan” Without it the Country goes bust not just the Airline  

1 hour ago, Kadilo said:

Of course they are going to let in International travel. It will all be part of the “plan” Without it the Country goes bust not just the Airline  

Rumor has it, that Thailand will open to international tourism in OCTOBER 21!

...just a rumor...

15 minutes ago, The Barmbeker said:

Rumor has it, that Thailand will open to international tourism in OCTOBER 21!

...just a rumor...

They will be open by the end of the year. Albeit with some money making schemes attached. 

Long and slow road ahead...

 

Noise and showboating again .. Stuffed full of Thai names but what magic formula are they going to come up with that they have overlooked for as long as T A has been absorbing cash like a sponge even before the Aviation industry hit the hard times like they have this year .. just about every other Major Int' Airline is having to re-evaluate and reorganise by reducing fleets , shedding jobs , looking at amalgamating with other carriers .. Airbus are shedding 000's , Boeing production has been shut down in a number of plants and on it goes .. factor in the uncertainty of how long Int' passenger numbers will take to recover ( not this year and highly unlikely next year ) and T A truly have their heads buried in the sand if they think that they can suddenly turn a dead on arrival airline into a fit one .. 

Edited July 11, 20205 yr by Justgrazing

I can assure you that I will help with everything.

 

Off to hospital for some more stitches in my side????

3 hours ago, Kadilo said:

They will be open by the end of the year. Albeit with some money making schemes attached. 

I hope you are right!

My life -lierally depends on it!

That rehab is like trying to get a five-laukhau-bottle-a-day somchai to become a teetotaler. The liver is shot to <deleted> already and it's only a matter of time before everything else gives.